Assessment Task 1 BSBRSK501B Manage risk Assessment Task 1 Short Answer Questions Submission details Candidate’s name Phone no. netty Assessor’s name Phone no. Assessment site Assessment date/s Time/s The Assessment Task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Submit this document with any required evidence attached. See specifications below for details. Performance objective You are required to demonstrate
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lowered in the U.S. In the last few years the teenagers of our generation and the poor options we have for political candidates have proven that the voting age should be lowered to 16. There is a number of reasons that lowering the voting age will benefit the country. Lowering the voting age will increase voter turnouts‚ give the younger generation‚ a say in the law‚ and help teens become more interested in politics. This is why we should lower the voting age. Lowering the voting age will help increase
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Foreign exchange rate risk Foreign exchange rate risk is the potential impact of adverse currency rate movements on earnings and economic value. This involves settlement risk which arises when a banking institution incurs financial loss due to foreign exchange positions taken in both the trading and banking books. Foreign exchange positions and subsequent risk arise from the following activities: ● trading in foreign currencies through spot‚ forward and option transactions as a market
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What are the pros and cons of outsourcing? Outsourcing is often undertaken to provide enterprises a competitive advantage by delegating business process to external agencies and realizing the benefits of low labor‚ better quality and improved innovation. While this provides a good picture of the fair side of the coin‚ most managers however need to grope with the possible shortcoming of the process and the corresponding impact on the company’s core processes. To best analyze the opportunities presented
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What are the benefits and drawbacks of doing an online course? An online learning‚ compared from traditional learning which means ‘face-to-face’ lessons or classroom lecturing‚ distance learning can be defined as “a purely distance learning course‚ where no face-to-face lessons occur” (Sharma‚ 2010). An online learning can let workers arrange their time freely‚ in some aspect‚can save mony‚ and youngers may feel more comfortable through online courses. Online learning firstly appear to allow
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contribute significantly to organisational performance; however‚ its practice can have limitations.” First and foremost‚ the purpose of this paper is to critically evaluate the statement above regarding the concept of strategic management. Herein‚ potential benefits and limitations of the implementation of strategic management will be discussed. In addition‚ this paper will also try to give some insightful details about the key elements of strategic management which is strategic analysis‚ choice and implement
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Chapter 1: Introduction 1.0. Introduction The term “foreign exchange” basically refers to buying the currency of one country while selling the currency of another country. All nations have their own‚ different kinds of money (currency). This has existed throughout the ages‚ probably since the time of the Babylonians. As trading developed between nations‚ the need to convert one kind of money to another also developed. This is how a formal system of foreign exchange arose. As trade between
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Risk assessment and risk management Introduction There are many hazards associated in an industrial workplace. With new technologies‚ new machinery and constant updates with regulations it is more important now than ever before to produce efficient risk assessments. Good risk assessments reduce hazards and fatalities in dangerous areas in the workplace. A good risk assessment will make workers feel safer and therefore happier and promotes a good business structure within the company. A good risk
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system is(Witherbee). Over the next few years the U.S. tries to find ways to make this better. “Kids in school are not doing the basics‚”Witherbee states(Witherbee). She does not like how the schools these days are doing there job. She has looked into what schools have been teaching. A study came out and said that‚ “Only 31 percent of high school graduates had completed intermediate
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Imperialism has many costs and many benefits. Some benefits are new technology‚ education‚ and new weaponry. Some costs are many reforms‚ unfair trade treaties‚ and many deaths. With all the losses of imperialism‚ there were benefits that counteracted the costs of all the losses. The costs of imperialism are outweighed by the benefits of imperialism. Imperialism benefits in Japan outweighed the costs by gaining a spot as a world power‚ building a stronger military‚ and earning a higher spot in economic
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